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SPX Announces Nomination of New Board Member

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SPX Corporation has nominated Angel Shelton Willis for election to its Board of Directors at the upcoming annual stockholders' meeting on May 11, 2021. If elected, she will join the Nominating and Governance Committee, expanding the Board to nine members. Currently, Ms. Willis is the Vice President, General Counsel, and Secretary at Sealed Air Corporation, overseeing legal and compliance affairs. With her extensive experience in law and corporate governance, her addition is expected to enhance SPX's strategic capabilities in sustainability and diversity.

Positive
  • Nomination of Angel Shelton Willis, bringing expertise in legal and compliance.
  • Enhancement of Board diversity and skill set with expected contributions in sustainability and governance.
Negative
  • Potential continuity concerns with the addition of a new board member.
  • Experience gaps as Ms. Willis transitions from her current role.

Angel Shelton Willis Expected to Serve on Nominating and Governance Committee

CHARLOTTE, N.C., March 26, 2021 (GLOBE NEWSWIRE) -- SPX Corporation announced today that its Board of Directors has nominated Angel Shelton Willis, Vice President, General Counsel & Secretary for Sealed Air Corporation, for election to the Company’s Board of Directors at its annual meeting of stockholders to be held virtually on May 11, 2021. If elected, Ms. Willis is expected to be appointed to the Nominating and Governance Committee; and, her election would expand SPX’s Board to nine members.

In her current role at Sealed Air, Ms. Willis oversees all aspects of that company’s global legal and compliance affairs, including commercial transactions, mergers & acquisitions, litigation, labor & employment, intellectual property, ethics and compliance, corporate governance and regulatory matters. Prior to joining Sealed Air in 2019, she served in several leadership roles at Ingersoll Rand Company, including Deputy General Counsel, Mergers and Acquisitions, Finance & Restructuring; and, she served as Corporate Counsel at Cummins Inc.  

“We’re very pleased to nominate another highly-talented leader to serve on our Board of Directors,” said Gene Lowe, President and CEO of SPX Corporation. “Angel brings a complementary skillset in areas fundamental to our success. In addition to her extensive legal background, she brings deep experience in regulatory, tax, operational excellence, risk management, communications, and corporate governance—especially in the areas of sustainability and diversity & inclusion. As a sitting General Counsel, she also brings a unique perspective, and we look forward to her contributions as a valued member of our team.”

About SPX Corporation:  SPX Corporation is a supplier of highly engineered products and technologies, holding leadership positions in the HVAC, detection and measurement, and engineered solutions markets. Based in Charlotte, North Carolina, SPX Corporation had approximately $1.6 billion in annual revenue in 2020 and more than 4,500 employees in 15 countries. SPX Corporation is listed on the New York Stock Exchange under the ticker symbol “SPXC.”  For more information, please visit www.spx.com.

SOURCE SPX Corporation.

Investor and Media Contacts:
Paul Clegg, VP, Investor Relations and Communications
Phone:  980-474-3806
E-mail: spx.investor@spx.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/9b6494d1-0352-4822-887b-dc2757f3f88d


FAQ

Who is Angel Shelton Willis and what role has she been nominated for at SPX Corporation?

Angel Shelton Willis is the Vice President, General Counsel, and Secretary at Sealed Air Corporation, nominated for election to SPX Corporation's Board of Directors.

When is SPX Corporation's annual meeting for stockholders?

The annual meeting for SPX Corporation's stockholders is scheduled for May 11, 2021.

What committee is Angel Shelton Willis expected to join if elected?

If elected, Angel Shelton Willis is expected to join the Nominating and Governance Committee of SPX Corporation.

What experience does Angel Shelton Willis bring to SPX Corporation?

Angel Shelton Willis brings extensive experience in legal, compliance, and corporate governance, having previously held significant roles at Sealed Air and Ingersoll Rand.

SPX Technologies, Inc.

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